Suppliers claim Glanbia targeting CMP

LIQUID milk suppliers claimed yesterday that Glanbia plc is actively discussing the acquisition of CMP Dairies in Cork from Dairygold Co-op.

Glanbia, the €2 billion a year turnover global food processing group and the country’s largest dairy processor, declined to comment on the claim by Fresh Milk Producers (FMP).

A spokesman for Dairygold said it would not comment speculatively on the content of any discussion it may have with any other processor in regard to a number of possible options currently under review in relation to any part of its business.